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Tuesday, August 9, 2011

Investment Firm Upgrades and Downgrades: (HBAN), (WBS), (ACAS), (WFC), (UA)

Huntington Banc (HBAN) recently had their rating increased from Neutral to Buy. Compass Point is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $7 per share by the brokerage firm. Shares of HBAN traded higher by 2.74% or $0.135/share to $5.06. In the past year, the shares have traded as low as $4.83 and as high as $7.70. On average, 15778300 shares of HBAN exchange hands on a given day and today's volume is recorded at 11516464.

Webster Financial (WBS) is currently being analyzed by the brokerage firm FBR Capital. They have just changed their rating from Mkt Perform to Outperform. This indicates that the company may doing doing better than investors expect. Look for potential buying pressure or an upside move in the share price. The target price is currently set at $24 per share by the brokerage firm. Shares of WBS traded higher by 3.23% or $0.51/share to $16.28. In the past year, the shares have traded as low as $15.55 and as high as $23.73. On average, 572088 shares of WBS exchange hands on a given day and today's volume is recorded at 897738.

American Capital (ACAS) is currently being analyzed by the brokerage firm FBR Capital. They have just changed their rating from Mkt Perform to Outperform. This indicates that the company may doing doing better than investors expect. Look for potential buying pressure or an upside move in the share price. The target price is currently set at $12 per share by the brokerage firm. Shares of ACAS fell by 1.9% or $-0.19/share to $9.83. In the past year, the shares have traded as low as $4.79 and as high as $10.85. On average, 4692700 shares of ACAS exchange hands on a given day and today's volume is recorded at 7051400.

FBR Capital, the brokerage firm, has recently increased the rating on Wells Fargo (WFC). They upped the rating from Mkt Perform to Outperform. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $31 per share by the brokerage firm. Shares of WFC traded higher by 3.97% or $0.91/share to $23.84. In the past year, the shares have traded as low as $22.88 and as high as $34.25. On average, 36128000 shares of WFC exchange hands on a given day and today's volume is recorded at 50124880.

Needham, the brokerage firm, has recently changed the rating on Under Armour (UA). They upped the rating from Hold to Buy. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $71 per share by the brokerage firm. Shares of UA fell by 5.06% or $-3.69/share to $69.18. In the past year, the shares have traded as low as $34.20 and as high as $82.95. On average, 1291880 shares of UA exchange hands on a given day and today's volume is recorded at 1369674.